tal COst Of Toduch produ + J0.0 pesos. II he total revenue (in pesos) is given by R(x) = 30,000x – 25x² + x°, - 1. approximate the profit in selling the 11th product using marginals. 2. What should be the price per product to maximize the profit?

Calculus: Early Transcendentals
8th Edition
ISBN:9781285741550
Author:James Stewart
Publisher:James Stewart
Chapter1: Functions And Models
Section: Chapter Questions
Problem 1RCC: (a) What is a function? What are its domain and range? (b) What is the graph of a function? (c) How...
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The total cost of producing x units of a certain product is C(x) = 400 + 50x² + x³
the total revenue (in pesos) is given by R(x) = 30,000x – 25x² + x³,
pesos. If
1. approximate the profit in selling the 11th product using marginals.
2. What should be the price per product to maximize the profit?
Transcribed Image Text:The total cost of producing x units of a certain product is C(x) = 400 + 50x² + x³ the total revenue (in pesos) is given by R(x) = 30,000x – 25x² + x³, pesos. If 1. approximate the profit in selling the 11th product using marginals. 2. What should be the price per product to maximize the profit?
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